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. the other big story, of course, behind this rally in stocks, is apple's earnings. we are awaiting its on deck, after the close tonight. could the numbers be the catalyst for returning things around for this beaten down stock, from coming down from below 700 to below 400. full team coverage on the apple results. >> one stock making a comeback today, following better than expected earnings, coach. chairman and ceo lew frankfort will be here to talk about that coming up in a few minutes. >> and a nice recovery today, but this stock is really coming from a huge sell-off. take a look at this chart here. and that really explains what went on very clearly, just at about 1:00 p.m., 1:15 eastern time or so, the market plummets on that erroneous report when the ap twitter account was hacked and bounces and comes all the way back when it becomes clear that it was, in fact, erroneous and the account was hacked. take a look at the dow, now up 1245 points. what's behind this rally? bob pisani in the middle of the action. there's the nasdaq up 30 points with technology seeing the same chart pattern
a look at some sectors we've seen here. technology, a tough day, apple's been down, finance has been down, because bank of america has been down. so it's not just the commodity story here as well, some disappointments on the bank earnings, energy, industrials, materials also on the weak side. commodity countries, and this is another way you can look at this, there's peru, brazil, canada, australia, south africa, these are all exchange-traded funds you can buy, all down about 2% on the day. finally, guys, the thing that's worrying me, we've been in an up trend all year. now for two days, monday and today, we have had big down days with big volume, 90% of the volume to the downside, those are very big days, when you see that kind of thing happen, and some people are now starting to wonder whether we have a trend reversal on. instead of an up trend in the market, in fact, that's not happening anymore. that's the big debate going on down here. >> when you look at that chart you just showed, bob, it certainly raises the question. thank you. >> you bet. >>> about 12 minutes before the closing b
they could have said it's all about apple. i think we need to broaden the horizons if this is going to be sustainable. >> let me go there and take you to a live shot of the white house. the white house is lowering their flag to half staff. flags are to be lowered at all public buildings until sunset on april 20th. there are at least three dead. more than 150 injured. this is echo of what we saw in the wake of 9/11. a lot more "squawk on the street" back in a moment. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> let's hop over to the cme. rick santelli is talking gold. >> you know, a couple of months ago we were talking about the notion of gold become securitized. it was much more of a paper trait than a real commodity trade. and this makes s
Search Results 0 to 2 of about 3